EUROPE 3D RENDERING SERVICES MARKET FORECAST 2020-2028

EUROPE 3D RENDERING SERVICES MARKET FORECAST 2020-2028

The Europe 3D rendering services market is estimated to project a CAGR of 22.93% during the forecast period, 2020-2028. The factors boosting the growth of the market are the flourishing construction and real estate industry, rising adoption of building information modeling (BIM) technology by the architects, and the booming smart cities market. The Europe 3D rendering services market growth is analyzed through the countries of the United Kingdom, France, Germany, Poland, Belgium, Russia, Italy, and the rest of Europe.

The Europe 3D rendering services market is estimated to project a CAGR of 22.93% during the forecast period, 2020-2028. The factors boosting the growth of the market are the flourishing construction and real estate industry, rising adoption of building information modeling (BIM) technology by the architects, and the booming smart cities market.

The Europe 3D rendering services market growth is analyzed through the countries of the United Kingdom, France, Germany, Poland, Belgium, Russia, Italy, and the rest of Europe. In the UK, construction activities have stabilized after a period of decline. Most of the buildings in the UK are private homes. The rest comprises of commercial real estate and other non-domestic buildings. 3D rendering services are utilized by the engineers in the architectural plan development and official plans with regard to the approval of any type of house and residence. The models can be created using a plan, diagram, photograph, simple hand-drawn sketches, etc.

The Italian construction sector is recovering, boosted by the residential construction. The non-residential construction is also contributing to the construction sector, propelled by the investment in equipment. Italy boasts of an extensive architectural style. It is one of the constituents of modern architecture. The architects in Italy have an extensive gallery for rendering, visualizations, high-end architectural designs, and walkthrough animations. Moreover, the smart cities market is projected to result in lucrative opportunities for the overall growth of the Europe market region.

Siemens AG is a conglomerate company in Germany that is engaged in digitalization, electrification, and automation. The company is a leading supplier and serves oil & gas, building complexes, manufacturing, pulp and paper, textile industries, etc. The product portfolio includes 3D Rendering. It operates through several segments and is headquartered in Munich, Germany.

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